Care.com Inc (CRCM) General Counsel Diane Musi Sells 15,000 Shares

Care.com Inc (NYSE:CRCM) General Counsel Diane Musi sold 15,000 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $18.29, for a total value of $274,350.00. Following the transaction, the general counsel now owns 48,828 shares in the company, valued at $893,064.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Diane Musi also recently made the following trade(s):

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On Wednesday, November 8th, Diane Musi sold 15,000 shares of Care.com stock. The stock was sold at an average price of $18.55, for a total value of $278,250.00.

On Wednesday, October 18th, Diane Musi sold 11,567 shares of Care.com stock. The stock was sold at an average price of $15.81, for a total value of $182,874.27.

On Monday, October 16th, Diane Musi sold 1,500 shares of Care.com stock. The stock was sold at an average price of $16.33, for a total value of $24,495.00.

On Tuesday, September 12th, Diane Musi sold 3,018 shares of Care.com stock. The stock was sold at an average price of $14.56, for a total value of $43,942.08.

Shares of Care.com Inc (CRCM) traded up $0.45 during midday trading on Wednesday, reaching $18.71. The company’s stock had a trading volume of 423,900 shares, compared to its average volume of 227,659. The company has a market cap of $549.32, a PE ratio of 49.35, a PEG ratio of 3.97 and a beta of 1.05. Care.com Inc has a 1-year low of $8.01 and a 1-year high of $20.88.

Care.com (NYSE:CRCM) last announced its earnings results on Thursday, November 2nd. The information services provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.10. The business had revenue of $44.50 million for the quarter, compared to analysts’ expectations of $44.22 million. Care.com had a return on equity of 17.27% and a net margin of 4.46%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.02 EPS. research analysts predict that Care.com Inc will post 0.31 earnings per share for the current fiscal year.

Several analysts have issued reports on the company. TheStreet raised Care.com from a “c” rating to a “b-” rating in a research report on Friday, November 17th. Zacks Investment Research raised Care.com from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Wednesday, November 8th. Roth Capital raised Care.com from a “neutral” rating to a “buy” rating and increased their target price for the company from $14.00 to $18.00 in a research report on Thursday, November 2nd. Finally, BidaskClub cut Care.com from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $17.67.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Care.com by 6.6% in the 2nd quarter. Vanguard Group Inc. now owns 1,029,498 shares of the information services provider’s stock worth $15,545,000 after purchasing an additional 63,848 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Care.com by 17.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,014,600 shares of the information services provider’s stock worth $15,320,000 after purchasing an additional 149,300 shares in the last quarter. Lord Abbett & CO. LLC acquired a new stake in shares of Care.com in the 2nd quarter worth $10,313,000. Janus Henderson Group PLC acquired a new stake in shares of Care.com in the 2nd quarter worth $7,371,000. Finally, Pier Capital LLC acquired a new stake in shares of Care.com in the 2nd quarter worth $5,686,000. 74.29% of the stock is owned by hedge funds and other institutional investors.

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Care.com Company Profile

Care.com, Inc is an online marketplace for finding and managing family care. As of December 31, 2016, the Company had 22.8 million members, including 12.9 million families and 9.9 million caregivers, spanning 19 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers.